News Sources wrote an interesting post today on
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OK, class, holster your weapons and pay attention. Today we look at the economics of giving stuff away. There are usually consequences. Those of you who plan on running the economy in the future should learn from the screwups of your elders. Like the ones we have now. A case in point is Cash for Clunkers, the desperate US program aimed at paying people to buy new cars. It’s estimated this cost Washington $7,200 for every one of the 320,000 vehicles sold – about $2.3 billion. Of course, a

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News Sources wrote an interesting post today on
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Greg Swann and I are working together, later this week. We’re meeting in Phoenix to do some video work (mostly Q & A stuff), discuss the what we want BloodhoundBlog Unchained to look like, and host a discussion about SMM at the Phoenix Association of REALTORs (with Kerry Melcher ). We KNOW social media marketing works because we’re both busy but we really want to start measuring the efficacy of each effort. BloodhoundBlog Unchained is a labor of love. Our profits have been minisc

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News Sources wrote an interesting post today on
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from EconomPic Data EconomPic did the graphic above and I think that this is the best way to look at the current unemployment sitch. The scale on the right includes unemployed people that are not counted in the official number, such as those who have picked up part-time work, are working on a task-by-task basis or who have given up entirely and no longer report themselves as in the labor force. The discouraged or dishonest unemployed are everywhere, especially in a city like New York

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News Sources wrote an interesting post today on
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It’s been a long time since I wrote about the general state of my financial affairs. A few readers have written to express concern that I’ve lost my way. I haven’t. If anything, I’m more devoted to this stuff than ever. But as I wrote earlier this year, I’ve entered a different stage of money management. During the first two stages of personal finance ( debt elimination and establishing a foundation ), things happened quickly. They did not seem quick at the time, but they were. Now I’m

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News Sources wrote an interesting post today on
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If you’re into real estate and have an iPhone, you’ve got to get this new application. Santa Ana-based First American CoreLogic has launched its RealQuest Home Value Pro, which lets you look up estimated values for 140 million properties in the U.S., as well as price, sales and foreclosure data by ZIP code. Let’s face it, you’re not going to write any detailed feasibility studies based on this stuff. Heck, the property values on for my block were wildly inaccurate. But it does put a weal

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